Who has to register for TAN and start to deduct the TDS?
Avinash Jeevan Dsouza (Accounts Officer & In charge) (3298 Points)
28 March 2019Who has to register for TAN and start to deduct the TDS?
prasad Nilugal
( GST Practitioner & Accounts )
(14903 Points)
Replied 28 March 2019
As per section 203 A of the Income tax act every person deducting Tax (TDS) or Collecting Tax at source (TCS) required to Obtain TAN no form Income tax Department .
Avinash Jeevan Dsouza
(Accounts Officer & In charge)
(3298 Points)
Replied 28 March 2019
For whom it is compulsory to deduct the TAX?
prasad Nilugal
( GST Practitioner & Accounts )
(14903 Points)
Replied 28 March 2019
Every person on certain receipt or Payment (expense / Income ) as stated in the Income tax act has to deduct TDS / TCS .
( please refer section 192 to 206 of the Income tax act 1961 for Payment & receipt )
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